379-The Perils of Success (and Why I'm Taking the Filter off the Content of RPF in Order to Maintain and Grow my own Success)
Radical Personal Finance
Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP
4.2 • 1.9K Ratings
🗓️ 29 September 2016
⏱️ 82 minutes
🧾️ Download transcript
Summary
On today's show I cover four of the major perils of success.
Both failure and success have danger points. You might think a lot about the dangers of failure. But are you aware of the perils of success?
Have you thought about what might happen to you as you continue to achieve success?
In today's show, I share with you four dangers of success...and I've fallen prey to all four of them.
Then, after that discussion, I share with you how--and why--I'm removing some of the filters that I've kept on the content of RPF.
Not a lot is changing with regard to what I actually produce on RPF. But my own mental decisions are changing and I am intentionally giving myself more freedom to tackle difficult subjects.
Details in the show!
Joshua
As mentioned in the show. Please:
- Write me an email with "product question" in the subject line and ask me any question that you have. Or, just tell me the subject/topic/question you'd like me to do more content on.
- Will you please review the show on whatever podcasting platform you use? iTunes, Stitcher, App Store--all are fine. One or two sentences is perfect and you can do it right on your phone.
- Please support the show on Patreon. This is the best way to maintain a free and independent voice. www.radicalpersonalfinance.com/patron
- Do you have a specific question you'd like my advice on? Book a consulting call here: www.radicalpersonalfinance.com/phonecall
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Today in Radical Personal Finance, we're going to talk about the perils of success. |
| 0:05.8 | Life is filled with peril, and we all know that failure has a whole bunch of perils. |
| 0:11.7 | But did you know that success has its own set of perils? I'm sure there are many |
| 0:16.0 | but today I'm going to share with you a few and specifically I'm going to share with you |
| 0:20.0 | how they've affected me, the lessons that I've learned from them, and I hope that this content, |
| 0:27.1 | because it's related to me, will be helpful and relatable for you, so that you can avoid some of the problems and the mistakes that I've made. Welcome to Radical Personal Finance, the show dedicated to providing you with the knowledge, |
| 0:57.0 | skills, insight, and encouragement you need to live a rich and meaningful life now while building a plan for financial freedom in 10 years or less. |
| 1:06.7 | My name is Joshua Sheets and I'm your host. |
| 1:08.4 | Today we're going to focus largely on that insight and encouragement part of the little slogan, |
| 1:14.8 | give you a little bit of insight into success and encouragement |
| 1:18.5 | of what you can do when you face it. |
| 1:26.0 | Many people are quick to talk about the problems of failure. |
| 1:29.0 | Failure has its own set of problems. |
| 1:31.0 | Many people are quick to talk about success, but oftentimes we miss some of the benefits and some of the things of success, some of the aspects of success. We don't talk, most people who are successful don't spend much time seemingly talking about the problems of success or the things that can happen. |
| 1:47.0 | Success in the same way that failure is rarely permanent, success is really permanent, and success has its own attributes and today I want to talk |
| 1:57.7 | about some of those with you. This show is intended to be probably two things. Number one I want to share with you some of these |
| 2:05.7 | specific perils. I'll summarize them here in the beginning of the show for you and |
| 2:10.9 | then I also want to share a little bit about how they've emerged in |
| 2:14.6 | my own life and so that part of the show most of the back half will be largely |
| 2:18.6 | narrative and be very personal. I won't be digging into any nuts and bolts of personal finance today, any |
| 2:26.4 | details on investing, so feel free to check back another day if that's the type of content that |
| 2:31.5 | you're into. And do note that I'm intentionally going to be pretty personal today, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.